Sonnedix closed a long term non recourse debt facility for its first photovoltaic project in Spain
27 October 2010
Sonnedix announced that on August 13th, 2010 one of its subsidiaries closed a long-term non-recourse debt facility for its first photovoltaic project built in Spain, located in Pinos Puente, near Granada. The project, which has a total installed capacity of approximately 1 MW and was commissioned in the second quarter of the year, was built by Assyce Fotovoltaica, S.L. and was financed by Triodos Bank Spain. ” We are pleased to announce the deployment and financing of our first project in Spain despite the challenging situation of the market ” said Andreas Mustad, CEO of Sonnedix Solar.